Global order witnessed re-balancing in recent decades, says Jaishankar

In the last few decades, the global order has witnessed a "re-balancing" that is shaping its new directions, External Affairs Minister S Jaishankar said on Saturday. Addressing a gathering here at the launch of the Arbitration Bar of India, Jaishankar also said the requirement to harmonise, mediate and settle differences and disputes will be even more "as we progress on that journey towards Viksit Bharat". This is a "very significant step" in the emergence of India as an arbitration venue, he said. "I know that all of you appreciate its significance more than I do. But let me, as a foreign minister, today really place it in a larger context and a context that I will borrow again from the AG's (attorney general's) reference to a triangle, a Greek triangle. The triangle I use here is really one of law, business and diplomacy," he added. In his address, Jaishankar said, "In the last few decades, the global order has witnessed a re-balancing that is shaping its new directions." "One f